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> I can see partial ownership being an even bigger problem. I don't know about the US, but where I live, I think I think that if you don't want to be, the othe
by yodsanklai 3y ago
> I can see partial ownership being an even bigger problem.
I don't know about the US, but where I live, I think I think that if you don't want to be, the other owners have to buy your slice. If they can't they need to sell the house.
- samtho 3y agoThis rule in many areas is how real estate developers acquire lots of land cheaply that has been in a particular family for generations. They find a family where the previous owner has passed and thus the ownership defaults to then next kin. They approach one next of kin who doesn’t know they even inherited it, buy out their slice, and require the remaining members to buy them out, forcing them to sell it… likely to the same investor.